All funds located in a WMG purse are 100% backed by gold bullion. The main agent I’m directed to is Metdeal.com and the price per gram (bid-ask) is posted on their web site. Or if your Russian is good, visit WebMoney exchanger wm.exchanger.ru. It will also soon be possible to buy gold using other authorized e-currency exchange services and the usual variety of payment methods.
Currency rates inside the Webmoney system will remain on the same exchange mode as they have always been. However, since the price of gold moves each day, the price of a WMGold unit will fluctuate. Transacting an exchange between existing Webmoney currency- WMZ, WME, WMR and others will also be on a floating rate, as the value national currency remains constant in their system and gold fluctuates.
To open a WMG purse, you will have to download the awesome new version of the Webmoney Keeper software which includes WMG. I’m setting it up now and should have some grams later today so we will definitely have more news and information later this week.
Webmoney registration is free and you can use the account immediately - so get started today. For existing WM-users: Download Keeper Classic Current version: 3.5.0.1 Sign in to Keeper Light
Exchange agents desiring to buy WMG need to become a MetDeal Partner, which requires some of the usual WM Passport verification paperwork and a new style contract. All Webmoney agents and business affiliates must complete some paperwork in order to transact business in WMG. Its always good to see a financial company clearly identifying who is offering their products.
Luckily for WMG agents Metdeal.com has only a $1,000 USD minimum purchase so a lot of both large and smaller agents will be participating.
For all of you readers wondering if delivery of your WMG can be arranged, Yes…from their web:
To get Gold , you need to to send a request to WM Metals FZE with a subject “Requesting Gold Delivery” and stipulate the following:
- Gold net weight you wish to obtain.
- WMID and G-Purse number.
- Preferable date of getting gold bullions.
Delivery Instructions together with the Invoice will be sent to you. Gold is issued in the United Arab Emirates in a form of gold bullions available to WM Metals FZE.
Metdeal FZE is a registered United Arab Emirates Company and licensed accordingly for the purchase and sale of precious metals (primarily gold). Metdeal FZE undertakes a required annual financial audit. Gold storage and transportation is carried out by licensed depositories as per international rules and standards. All operations are performed with gold bullion as per worldwide quality standards and purity of not less than 995.0 ( nine hundred ninety-five point zero).
Just in case you are wondering, the web site is available in English and Russian.
This is a remarkable product the Webmoney team has created. Using cash from hundreds of thousands of walk in locations worldwide you will be able to purchase digital gold.
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